Showing posts with label fiscal cliff. Show all posts
Showing posts with label fiscal cliff. Show all posts

Thursday, July 27, 2023

PSTA HeadsTowards Fiscal Cliff Again As Big Pay Raises Funded with 1-time COVID Money & Escalating Operating Expenses Comes Home to Roost

Pinellas County Transit agency PSTA is heading towards insolvency. They used one-time COVID dollars to hand out large raises now baked into PSTA's budget. PSTA depleted almost $100M of COVID dollars over the last few years.

PSTA knew they were heading towards a fiscal cliff last year. The then governing PSTA board approved huge pay raises, implemented "free to the rider" SunRunner rides and did nothing to alleviate PSTA's fiscal hemorrhaging. 

Wednesday, February 8, 2023

Fiscally Mismanaged HART Faces Insolvency in 2024, Florida's Inspector General Must Investigate and Audit Them



HART transit agency is one huge mess. The transit agency is about to hit a fiscal cliff and become insolvent due to its own mismanagement, incompetence and fiscal irresponsibility.